التفاصيل البيبلوغرافية
العنوان: |
Tournament Behavior in Hedge Funds: High-Water Marks, Fund Liquidation, and Managerial Stake. |
المؤلفون: |
Aragon, George O.1, Nanda, Vikram2 |
المصدر: |
CFA Digest. Aug2012, Vol. 42 Issue 3, p10-12. 3p. |
مصطلحات موضوعية: |
*HEDGE funds, *STAKEHOLDERS, *LIQUIDATION, *FINANCE, *INVESTORS, *INVESTMENTS, *INVESTMENT advisors |
مستخلص: |
The article offers information on several aspects of hedge funds including high-water marks, fund liquidation and managerial stake. It mentions the affect of linking managerial rewards to the high-water marks in risk-shifting moderation of funds. It further informs that the poor performance of investors relative to other hedge funds influence the fund managers to increase risk while investing. |
قاعدة البيانات: |
Business Source Index |